Obama Calls for Tax Cuts Compromise

Washington, D.C. - President Obama urged Republicans in Congress to agree on a compromise on the soon-to-expire tax cuts, even as the prospects for an agreement remained uncertain.

In his weekly address Saturday, Obama acknowledged the results of the midterm elections, which elevated Republicans to a leadership position in the House and a more evenly divided Senate. “You’re rightly frustrated with the pace of our economic recovery,” he said. “So am I. You’re fed up with partisan politics and want results. I do too.”